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- Announcement Brings Total Number of BIDs in New York City to 77
- Adams Administration Also Awards $4.4 Million in New Grants to Neighborhoods
Across Five Boroughs, $44 Million in Total Grants to Revitalize Neighborhoods and
Develop Commercial Corridors Now Awarded by SBS Since 2022
The funding will be used to help CBDOs take critical steps to organize and plan BID formations in 17 commercial corridors around the city. This first-of-its-kind BID development program fulfills Mayor Eric Adams's commitment to invest in underserved commercial corridors and foster robust networks of small businesses around the five boroughs as outlined in Rebuild, Renew, Reinvent: A Blueprint for New York City's Economic Recovery.
We offer a range of grant programs to help community-based organizations strengthen and revitalize commercial districts.
We strengthen community-based organizations (CBOs) across the five boroughs by partnering with experts in the fields of organization management and leadership skills to provide services and programs.
Neighborhoods
We work with community-based organizations to build vibrant neighborhoods where New Yorkers can shop, work, and live by:
- Overseeing the largest network of Business Improvement Districts (BIDs) in the country, which delivers more than $187 million in additional services throughout the five boroughs
- Offering training, tools, and one-on-one assistance to local community-based organizations
- Administering grant programs to strengthen and revitalize commercial districts
- Working with community partners to identify local commercial district needs and plan targeted solutions